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20121121
20121129
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it and make it pro-growth. >> on the democratic side, senate majority leader harry reid told reporters he would like credit for what congress previously cut. >> we have already done a billion dollars worth of cuts. >> today, the top democrat in the house took a similar approach. >> i think it's important to note we have already agreed to $1.5 trillion in cuts in the budget control act and other acts in this session of congress. so now we wait to see the revenue piece to that. >> asked what she would be willing to slash as part of this deal? >> we'll be talking about that later. >> rank and file house members say they realize more must be done now. >> we can means test entitlements, so for folks making $1 million year, you know, maybe they aren't able to access medicare. they have the means to buy their own healthcare. >> i know we can't afford to spend $690 billion on the defense, but there are smart ways and dumb ways to cut defense spending. for example, we still have bases all throughout western europe that there hasn't been a threat to western europe since 1989. >> beyond that, he did
. harry reid, the democratic majority leader, wants to make some changes. debate has to start before a filibuster can begin. he might require any senator wishing to filibuster to stand up there and talk to which republicans are saying if you do that, we the minority are going to burn the place down. senator tom coburn of oklahoma saying, "i think the backlash will be severe. if you take away minority rights because that's what you're doing, you'll destroy this place. if you destroy the place, we'll do what we have to fight back." john cornyn says if democrats change the rules, it will shut down the senate, it's such an abuse of power. you might ask how their threats of a shutdown differ materially from the shutdown senate now when the minority will not allow a majority vote on anything giving them the power to control the senate. we called the two senators and asked specifically what they propose to do if they manage to tweak the filibuster. senator cornyn's office got back to us, but not with an answer. senator coburn did not respond, but he did give politico.com a hint of what he m
hours and hours and hours and that brings me to one other change that changed is harry reid says he wants to do something about the filibuster. isn't what i want to do. it feels to me like a tectonic shift saying we need to change this, it has gone too far. >> it really is. harry reid has long defended the perogatives of the senate and of the filibuster even in the face of criticism from his own members, but virtually all of his members now want to do something and he has been infuriated by the way in which mitch mcconnell has carried out, but if you think about t it is a very odd time to do this. the house is under the control. >> you don't get that much. >> of the republicans, so it is not as if the filibuster is the only thing standing in the way of democratic program and as norm said, at the beginning of this new congress president obama has a better shot at working with the senate including 6, 8, 10, republicans in using that to put pressure on the house so is this the right time to blow up the senate? >> norm, real quick, do you think we need 67 or 51, whatever you want to do?
with it again. thank you, stuart. martha: you have got senate majority leader harry reid saying there isn't much to talk about, that the election shows the american people have given the lawmakers the go ahead to raise taxes. >> americans when they voted raised their voices and supported our pledge. congress is acting in accordance with the will of the american people. martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. th
through. i want to ask you about comments about senator reid talking about how he's making it difficult for things to be brought up and you say he's abused the power in the senate to a degree that has never ever been done. how so. i don't think there's any doubt about that. for example, he's controlled the minority party to have amendments to bill after bill after bill after bill and he also has refused to have a budget for three years and the reason is, when you you bring up a budget, you're guaranteed to have the right to amendments and full debate and he's refused for three years to bring up a budget to the floor of the senate and once again, we're headed into secret negotiations with a few leaders and meeting in secret. they'll bring up a settlement presumably, hopefully, until the fiscal cliff, december 24, december 31st and ask everybody to vote for it without amendment and without any real discussion and knowledge by the american people of what's in it. and so, this is so contrary to the great senate understanding where the great issues of our day are debated at length and peopl
ler than the end of the year, but we'll see. >> reporter: senate majority leader harry reid said before the break that they hoped to have another meeting with the president this week. randi? >> athena jones, thank you very much. the fiscal cliff wasn't on the president's mind while he was out christmas shopping though the reporters tried to ask him about it. the president and this daughter sasha and malia stopped by. the president bought 15 children's zbiks to be given to family and friends. the president's daughter sure to be sad about this next one. their beloved justin bieber is losing the top spot on youtube. korean top star psy now has the most watched video on youtube ever. it edged out the biebs and his 2010 song "baby." the dance craze inspired more than 850 mill iion viewers on youtube. ♪ i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ]
're making my point. where is the conversation about cutting, dir dick durbin, harry reid? >> the president sold a lie. the lie is you can have these goodies and it will be paid for if you tax the rich for more. that's economic nonsense. i want to give you one number. the unfunded liability of medicare, one entitlement program, is $42 trillion. that's money that we've got to shell out in the future, which we do not have. are you going to tell me we could tax the rich? >> i am not telling you, but this is what i'm saying, that the tax reform and entitlement reform should and could be a bigger part of this conversation, however to focus on the republicans now at this point i think is chasing a rabbit down a hole. it is not the republicans' responsibility to come up with a plan. president obama won fair and square. he's the won who needs to persuade america that the policy is right. >> sean: we have the exact same situation as we had before. all this money was spent, all the arguing over -- >> the house passed all sorts of bill to improve the economy in the last congress. you don't get anywher
in washington. the white house says the president did speak with speaker boehner and senator reid over the weekend to touch base on this very issue. as one republican aide put it to cnn, the fact that they are still talking is progress. but a democratic aide said they don't have staff had you hadling in a room going over spreadsheets which is where they need to get to hammer out a deal. what they're doing now is they're at the dancing stage of this negotiation. >> a lot of folks are saying it's not the republicans in the senate so much will be the problem for the obama administration, but republicans in the house of representatives, especially those from the tea party movement and others will be a serious problem. >> what was an important group of republicans during the debt ceiling debate while this election has changed the arithmet arithmet arithmetic, republicans in the house will be key to this negotiation. the two men that need to hammer out this deal, just like it was over the summer, is still president obama and spooeseaker boehner. >> i don't think there's any doubt the preside
neither house speaker john a. boehner nor senator majority leader harry reid. in a position to make it happen. >> i think that's right. when the time comes, if we get to the time where a grand bargain of, you know, big deal that would take care of the nation's fiscal challenges for the next 10 or 20 or 30 year, the president will have to be the one who lays it all out and he's argued for a balanced approach, has offered, you know, $3 in spending cuts to every $1 in tax increases. what he campaigned on. he's in a good position to make that case. not -- the moment is not right exactly right now but i think when we get there he's going to be the one that will have to frame the whole thing up. >> we saw the polls yesterday and harold, that if this doesn't work out, people are going to blame and it seems republicans will take some of the blame. i think people are beginning to look for movement from both sides but would be upset if it didn't happen with a republican party. >> it has to work out in some form or another. hopefully it's a long-term solution or patchwork solution so it's a qu
. republicans talking about reforming entitlements. you have harry reid saying he is not open to reforming specifically social security. there may be some wiggle room on some of the other entitlements, but things are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obam
leader harry reid that the work on this would continue over the break and that they hope to meet the president this week when they return. right now that meeting is not yet on the schedule, but that can certainly change, randi. >> has there been any concrete movement as far as we can tell that they are edging maybe just a little bit closer to a deal? >> well, that's really the question here. i mean, as i said, the work has continued among staffers discussing this. we know what the big hold-ups are, the big sticking points, and that's how to raise more tax revenue. we know republicans can put revenue on the table, but they don't want to see tax rates go up for anyone. we also know that the president ran on this idea of raising taxes on the wealthiest among us. the other issue is entitlements. republicans want to see democrats reform programs like medicare, so those are the sticking points. now, if there's been progress that hasn't been made public yet, and i can tell you that right after the election the president spoke with house speaker john boehner, and they talked about a grea
harry reid said before the thanksgiving break that they'd be working on this over the break and that they hoped to meet with the president this week. we'll just have to see if that happens. >> all right, athena jones at the white house, thanks so much. >>> meantime, talks are set to resume tomorrow in cairo between israelis and egyptians. they're hoping to hammer out details of the assess fire with hamas. troops have reprettied from the gaza border, israeli troops, and hamas leaders say a delegation from gaza has arrived in cairo. on the table, opening border crossings and easing israel's economic blockade in gautds intra. >>> u.s. senator john mccain is softening language on the potential nomination of susan rice to become the next u.s. secretary of state following harsh criticism of the administration's response to the attack on the u.s. consulate in benghazi, libya. >> i give everyone the benefit of explaining their position and the actions that they took. and i'll be glad to have the opportunity to discuss these issues with her. >> the arizona republican had blasted the
the table for these negotiations this year and that top senate democrat harry reid agreed with that. but republicans say that all entitlements, medicare, medicaid, and social security should be part of these negotiations, be part of this discussion. >> you've got to reform entitlement programs. it's got to be on the able. so far the president has beenen willing to lead on that issue. >> and as steve was saying, ceo's of major businesses will be at the white house today, goldman sachs, cater pillar, macy's and others, will be talking fiscal cliff with the president and a couple of those ceo's, in addition to others o'clock will head up to capitol hill to meet with republican leaders on the same topic. back to you in new york. >> gretchen: all right. thanks so much for that update. now to your other top stories. new video out of syria showing rebels shooting down military helicopter. watch this. [ cheering ] we heard that chant before, that's ala akbar, as the chopper plunges to the ground in a ball of flames. it's reportedly the first time the rebels shot down a helicopter with a sur
Search Results 0 to 12 of about 13